Mali revokes over 90 mining permits amid crackdown on non-compliance
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Mali revokes over 90 mining permits amid crackdown on non-compliance
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From gold extraction to refining, trust us — the No. 1 in West Africa, GMM. | Global Mining Of Mali
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Mali’s gold production slumped last year after Barrick dispute
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Mali just reminded the world who really owns African gold. Mali updated its mining code to give the state more control, transparency, and revenue from its gold sector. Barrick Gold, one of the biggest mining companies in the world, rejected the changes and took Mali to international court. Then reality hit. Barrick’s stock fell, pressure mounted, leadership changed, and negotiations reopened. In the end, Barrick accepted Mali’s terms and signed the new mining framework. No begging. No aid. Just
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Mali starts executing order to seize gold stocks at Barrick mine
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